Brookfield Property Partners L.P. (NASDAQ:BPYPN – Get Free Report) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totalling 8,300 shares, a drop of 25.9% from the May 31st total of 11,200 shares. Based on an average daily volume of 20,800 shares, the short-interest ratio is currently 0.4 days.
Brookfield Property Partners Stock Up 0.2 %
Shares of NASDAQ:BPYPN traded up $0.02 on Monday, reaching $11.88. 9,814 shares of the company traded hands, compared to its average volume of 32,194. The business’s 50-day simple moving average is $12.52 and its 200 day simple moving average is $12.22. Brookfield Property Partners has a 52 week low of $9.73 and a 52 week high of $14.14.
Brookfield Property Partners Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 3rd were issued a $0.3594 dividend. The ex-dividend date was Monday, June 3rd. This represents a $1.44 annualized dividend and a yield of 12.10%.
About Brookfield Property Partners
Brookfield Property Partners, through Brookfield Property Partners L.P. and its subsidiary Brookfield Property REIT Inc, is one of the world's premier real estate companies, with approximately $88 billion in total assets. We own and operate iconic properties in the world's major markets, and our global portfolio includes office, retail, multifamily, logistics, hospitality, triple net lease, manufactured housing and student housing.
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